Spot prices at a glance (August 08, 1994)
Week’s Price (US) Change Gold* $378.60 $8.40 Silver* $375.21 $0.11 Platinum* $414.50 $8.50 Nickel** $372.75 $0.02 Lead** $370.26 $0.00 Copper $371.10 + $0.01 Zinc $370.43 $0.00 Courtesy of Scotiabank….
News
Town promotes its coal history
This town was founded on King Coal, and their fortunes have risen and fallen together. Considered Canada’s largest town four decades ago, with a huge population of miners, Glace Bay now has fewer than…
BOOKS IN REVIEW — Post-Soviet impact on minerals markets
Change in the Former Soviet Union and its Implications for the Canadian Minerals Sector: The Cases of Copper, Gold, Nickel and Uranium, by David Haglund, S.N. MacFarlane and Vladimir Popov, with Ol’ga…
TORONTO STOCK EXCHANGE INDICES (August 08, 1994)
— 1994 — Aug 2 Aug 1 Jul 29 Jul 28 Jul 27 High Low Composite “300” 4194.28 N/A 4178.97 4149.81 4134.01 4609.93 3518.31 Metals&Minerals 3944.74 N/A 3865.62 3809.61 3780.10 3944.74 3273.56 Integrated …
Black Swan eyes copper project in W. Australia
Armed with a positive feasibility study, Black Swan Gold Mines (TSE) is hoping to place its Teutonic Bore copper project in production. The property is near Laverton in Western Australia. The junior i…
Panamanian project on schedule — Greenstone hikes Santa Rosa
Having announced a 39% increase in minable ore reserves at the Santa Rosa deposit, Greenstone Resources (TSE) is looking forward to the startup of its second Latin American gold mine later this year. …
Aber plans bulk-sampling program
It was standing room only at the annual meeting of Aber Resources (TSE) as management explained plans to carry out a mini-bulk-sampling program on two recently discovered kimberlites in the Lac de Gra…
Table Mountain producing gold
Since mill startup in April, the Table Mountain mine in northwestern British Columbia has produced 5,785 oz. gold for owner Cusac Industries (TSE). A modest-sized underground producer, Table Mountain …
LETTERS TO THE EDITOR — Lab standards needed for diamond
I write in an attempt to warn shareholders and analysts of the possibility of erroneous conclusions when dealing with micro and macrodiamond counts as released by public companies in Canada and elsewh…
STOCK MARKETS — TSE composite index rises despite drop in
Although most major metal prices took a tumble, the Toronto Stock Exchange posted a moderate gain for the 5-day report period ended Aug. 2. The composite 300 index jumped just more than 60 points, or …
St Andrew suspends production at Stock
Production has been suspended at St Andrew Goldfields’ (TSE) Stock Twp. mine near Timmins, Ont. The mine is being prepared for an extensive underground exploration program that was originally schedule…
Rights issue for Breakwater
Under a proposed rights offering, common shareholders of Breakwater Resources (TSE) will receive one right for each common share held. One right will entitle the holder to buy one common share at 10 c…